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An entrepreneur is someone who starts their own business. Typically, entrepreneurs are bigger risk-takers, as they have to invest a great deal of time, and usually money, into their business venture

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How can an entrepreneur ensure that they are operating efficiently?

An entrepreneur will never know if they are working at maximum efficiency other than by comparison to others in the same situation and based on past behavior in the same situation.


What is the meaning of enterpreneurship?

Entrepreneurship is the process of an individual owning their own business or several businesses. The term entrepreneur was first used in 1723.


What is meant by the term quick loan funding?

The term "Quick Loan Funding" is actually the proper name of a subprime lending firm. The lending firm was established in 2002 by entrepreneur Daniel Sadek.


What is the difference between entrepreneur and an entreprenuership?

An entrepreneur is the actor, or the person who has the virtue of entrepreneurship, whereas entreprenuership is the practice of being an entrepreneur.


Why is it important to consider an entrepreneur's personal finances when conducting the short and long term financial forecasts of a firm?

An entrepreneur, especially when starting out, is likely to either operate his or her business as a sole proprietorship or partnership. As such, an entrepreneur is both legally and financially liable for the business. If an entrepreneur is showing certain spending and banking habits that do more harm than good, then it is both a good indicator of how the entrepreneur will run- is is currently running- his/her business and a strong sign that the entrepreneur is very likely to pull money out of the business in times of trouble. While even the most organized and successful entrepreneurs will pull money out, a bank has reason to worry about lending if the entrepreneur frequently runs into problems that require withdrawals from the business, which might stagnate growth or even destroy the business. If an entrepreneur messes up their personal finances, they are much more likely to hurt their business's chance to grow and succeed, which could lead to the business closing its doors and the entrepreneur in deep financial troubles...

Related Questions

How do you spell antrapenuer?

The correct spelling is "entrepreneur" (from the French term).


What is another term for the word entrepreneur?

Organizer


What are the duties of an entrepreneur?

there is a answer to this question but i do not know it sorry


What is the other term for entrepreneur?

Founder or pioneer are two pretty good choices.


What are your immediate and long term goal in life?

my immediate goal is to continue my education and my long term goal is to build a career as an entrepreneur.


What are entrepreneur skills in a knitting business?

let me know what you want to know and email me ..I can tell you everything ..


How do you become an onchpernewer?

An Entrepreneur* is a very general term. You could simply start a small business.


What is the origin of entrepreneur?

The word 'entrepreneur' has its roots way back in the 1800s when Jean Baptiste Say, a French Economist, first coined in the term to denote someone who undertakes an enterprise or venture.


What is the difference between a commercial entrepreneur and a social entrepreneur?

what is the difference between a comercial entrepreneur and social entrepreneur


What is A person who starts a business to produce a new product in the marketplace is known as?

An entrepreneur


What is a person called when they buy and sell?

dont know how to spell it, but i believe its entrepreneur.


What role does an entrepreneur play in society?

An entrepreneur has to be a person who has possession of a new enterprise, venture or idea, and assumes significant accountability for the inherent risks and the outcome. Entrepreneur in English, is a term applied to the type of personality who is willing to take upon himself a new venture or enterprise and accepts full responsibility for the outcome.